Rolls-Royce reported £4.5bn loss

Rolls-Royce, the engineering giant and jet engine maker reported a loss before tax of £4.5bn for 2016. Rolls-Royce has agreed to pay £671m to settle corruption and bribery cases with the UK, the US and Brazilian authorities and it has written off £4.4bn from currency related contracts As aerospace deals are done in dollars the…

Rolls Royce lands largest order £ 6.1bn from Emirates

For the first time Rolls-Royce has received its largest order to date, worth £6.1bn ($9.2bn), to supply over 200 Trent 900 engines for 50 Emirates super-jumbo A380 planes, and TotalCare® support. Rolls-Royce will provide over 200 Trent 900 engines and, worth $9.2 billion, to Emirates for 50 new Airbus A380s The news enhanced Rolls-Royce’s share…